IMF maintains cautious view on public finances, sees debt declining slowly

EconomyMacroeconomy Tags: Budget, Debt, IMF
Photo via Flickr
Photo via Flickr

Within the context of its Fiscal Monitor, the International Monetary Fund released its latest fiscal estimates for Greece, taking a traditionally more conservative view on the country’s public finances.

The Fund sees Greece closing this year with an overall balance of 10.2 pct of GDP, following a 10.5 pct total deficit last year.

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